Profit Optimization Ecosystem
GET REVENUE OPTIMIZATION THROUGH AI-DRIVEN PRICING DECISIONS
Our Pricing & Revenue Optimization Ecosystem gives you the blueprint to implement a pricing and promotion strategy that delivers a measurable impact on revenue and cost optimization. Our platform enables new-age algorithms and has a comprehensive and integrated design, saving time and effort.
Optimal price and promotion management using Reinforcement Learning
Forecasting to shape product life cycle strategies for demand or scope of sales over time
Understand Price Elasticity and Promotion Affinity of products
Market leading reporting
and visualizations using
Understanding optimal product combination for pricing and promotion
Perform What-if analyses on the impact of pricing and promotions decisions on sales-demand
Our Profit Optimization Engine gives you the blueprint to implement a pricing and promotion strategy that delivers measurable impact on revenue, margin, and cost optimization. Our platform leverages Azure cloud services enabling best-in class AI and ML algorithms and has a comprehensive and integrated design saving time and effort.
Our unique analytical frameworks allow our team of data scientists to process thousands of products through our proprietary algorithms to produce price and promotion sensitivity measures, demand forecasts, and optimal pricing strategies rapidly and at scale.
Results are fully integrated, with visualizations that are easy to navigate and interpret outcomes, and integrations with analytical and transactional systems to ensure actionable insights are implemented.
Reduce margin leakage by understanding which products’ discounts are not resulting in a lift in sales.
Focus campaign efforts on those products that are likely to respond.
Find the balance Everyday Low Pricing vs Everyday Value Pricing strategies.
Manage the cannibalization effect on other products, from promoting another product.
Understand what combination of products end in customers’ baskets more often.
Optimized pricing and promotion schedules based on expected demand
Just-in time inventory ordering to reduce waste, minimize inventory carrying cost and improve cash-flow management.
“ We’ve found pricing and promotion strategies puts the focus back on creating value for business. By identifying the best shopping occasions using pricing elasticities and consumption moments
to maximize revenue growth.”